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However, single-family residential, land/development and office all were described as overpriced.
The Windy City and its suburbs are highly desirable but fiercely competitive for renters.
A drop-off in oversupply coupled with continued strong e-commerce activity will positively impact the industrial sector.
Would a faster, cheaper or greener commute entice workers back to the office?
The generation has shifted from favoring urban to now suburban areas.
Rents still remain below average pre-pandemic levels.
The average household in swing states earns about $10,000 less than they need to afford a median-priced apartment.
Freddie Mac's Multifamily Apartment Investment Market Index rose 0.3% nationwide during the second quarter.
South Carolina, North Carolina and Idaho lead the country in new home construction.
For the next 50 days, cap rates and interest rates may align to clear the market.